Mobile Home Park Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 1218518
- Posted On: Feb 26, 2020
- Updated On: Jun 30, 2020
Description
Well established Mobile Home Park that is neat and clean. 7 units total with 1 dbl wide and 6 single wide units. Park has a total of 8 spaces with one space rented to private owner. One unit is under repair from Hurricane Michael. Park keeps full occupancy. Paved road frontage near Marianna. Start or add to your retirement portfolio today. Shown by appointment only. Approved or cash buyers welcome. Possible owner finance call for terms.
Location
Excellent Location with 6 miles to Marianna and 50 miles to Panama City Fl. 5 miles to I-10.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 8 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $250 |
| Size: | 4 acre(s) |
Financial Information (Actual)
| Gross Income: | $34,800 |
| Operating Expense: | $9,385 |
| Net Operating Income: | $25,415 |
| Expense Ratio: | 27.0 % |
| Debt Info: | No Debt |
Lot Information
| Singlewide Lots: | 6 |
| Doublewide Lots: | 1 |
| Park Model Lots: | 8 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |